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The River Valley Investors (RVI) is a group of successful entrepreneurs and executives dedicated to helping each other find, evaluate, and profitably invest in exciting companies with significant growth potential.  When we invest, we prefer to do so in companies where we have relevant domain expertise and connections so that we can help our entrepreneurs achieve success.
Learn more: entrepreneurs | investors

Thursday
Dec062012

RVI Welcomes New Members Mark Lobello and Jim Mumm

RVI has recently added two new corporate sponsors; BNY Mellon and Sandler Training.  Mark Lobello will represent BNY Mellon and Jim Mumm will represent Sandler Training.  Below are brief bios...

 

Mark LoBello

http://www.linkedin.com/pub/mark-lobello/a/39/261

Mark joined the firm in 2002, and has over 16 years of experience in investments and wealth management. He is responsible for helping to oversee business development for the New England region. In addition, on behalf of clients, he coordinates the firm’s investment management, estate planning and tax planning services. Prior to his current role, Mark was a senior financial advisor for a Boston-based boutique money management firm.

Mark graduated with a degree in finance from Georgetown University and currently resides in Winchester, MA with his wife, Meagan, and two daughters.

Jim Mumm  

www.linkedin.com/pub/jim-mumm/0/181/a9a

Jim has spent his entire 29 year career in sales and marketing. He learned the business by working his way up through a variety of positions with a large grocery chain over a 12 year period, culminating in store director of 3 incrementally larger stores before becoming a marketing executive for the 125 store chain.

 

Jim is a successful entrepreneur and is currently CEO of Executive Training Solutions, LLC, an executive, sales, and sales management training provider specializing in teaching executives and sales leaders with complex solutions. Jim is also founder and CEO of 1st Wave Sales & Marketing, a 5 year old successful sales and marketing firm that provides senior level sales assistance, on an outsource basis, to technology solution providers. Previously, Jim was Senior Vice President of Sales and Marketing for the leading provider of e-Marketing and e-Commerce solutions to the grocery industry, Vice President of Sales for a firm providing electronic marketing solutions to retail grocers, and Director of Sales for a technology firm also providing leading edge technology solutions. After leading the national and private brand sales efforts for a major division of Sara Lee with key account responsibilities for Wal-mart, Food Lion, and Pathmark, he served as Director of Sales for electronic services at News American Marketing specializing in loyalty marketing and stored value systems.

Jim holds a BBA in Marketing, an MBA in Management, and a second Masters (of Science), in Business Computer Information Systems, from Baruch College in New York City. Jim believes in continuous lifetime learning and has completed multiple private training programs to improve his sales and leadership skills including Dale Carnegie, Tom Hopkins, Karris Negotiations, Professional Selling Skills, and Sandler Training Systems. He serves as a mentor for the Merrill Lynch IPO challenge (Jim’s team defeated 89 other teams to win the 2005 IPO Challenge and received $60k in prize and seed money, which he used to start 1st Wave) and teaches undergraduate, graduate and honors students’ sales and marketing strategy. He is also a judge and advisor for the Executive MBA business plan finals and is a member of the Executives-On-Campus program. He is also a mentor for UMass’ Entrepreneur Initiative and a mentor and board member of Valley Venture Mentors.

Wednesday
Dec052012

RVI Portfolio Company Incentive Targeting Purchased by Google

We are pleased to announce that RVI portfolio company Incentive Targeting has been purchased by Google.  The article below originally appeared in ComputerWorld on November 29th.

Incentive Targeting offers a software-as-a-service platform for promotions to the grocery industry

By John Ribeiro
November 29, 2012 12:35 AM ET

IDG News Service - Google has acquired Incentive Targeting which offers a software-as-a-service platform for promotional campaigns to the grocery industry.

"As part of Google, we will have the resources and expertise to continue the transformation of couponing from a way to give discounts to a way to build business," founders Ben Sprecher and Joshua Herzig-Marx said while announcing the acquisition on Incentive Targeting's website Wednesday.

"We look forward to working with Incentive Targeting in our ongoing efforts to help consumers save time and money and enable retailers deliver relevant discounts to the right customers," Google said in a statement. The financial terms of the deal were not disclosed

Founded in 2007, Incentive Targeting in Cambridge, Massachusetts, partners with retail chains to provide a targeted marketing service to manufacturers of grocery and consumer products, according to its website.

Its web-based service allows manufacturers to create and monitor campaigns using data on offer redemptions at points-of-sale and other information.

Incentive Targeting said it set out to do for retail couponing what Google had done for online advertising, by making it "simple, relevant, measurable, and effective."

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

 

Sunday
Sep022012

Port. Co. HitPoint Studios Unveils Game for Surface

HitPoint Studios is unveiling its Adera puzzle-adventure game that is targeted at what could be a very big platform. The game will debut on computers running Microsoft’s Windows 8 operating system as well as the Microsoft Surface tablets coming this fall.

The game is an episodic, puzzle-adventure title that will take full advantage of features such as multitouch controls, accelerometer (tilt) controls, and Xbox Live for Windows. It is one of a whole slate of games being announced today for the new Microsoft platforms, which are aimed at reviving PC gaming and related tablet play. Microsoft will publish this game which is being developed by Hatfield, Mass.-based HitPoint, said Jim Hawk, producer at Microsoft. It is clearly a sign that Microsoft knows that great games can make or break any new operating system or technology platform...

Full article at VentureBeat | HitPoint Studios Press Release

Thursday
Aug232012

Lt. Gov. Visits Portfolio Company Hitpoint Studios

HATFIELD – He wasn’t exactly all thumbs, but when you’re the lieutenant governor you don’t have a lot of spare time to practice gaming skills on your iPhone. Timothy Murray caught on fast, however, and was soon snatching words out of space in a game appropriately titled “Words in Space.”

...

Full article from the Springfiel Republican available here

 

 

Thursday
Aug092012

RVI manager interviewed on premier angel podcast

The Frank Peters Show, the premier podcast for angel investors, today aired an interview with RVI's manager discussing how metrics can be used to improve the effectiveness of angel groups.  Our thanks to the host, Mr. Frank Peters, for the opportunity.  Listen to the interview here.